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Daily Pivots: (S1) 1.0856; (P) 1.0872; (R1) 1.0900; More… Intraday bias in EUR/USD stays mildly on the upside for the moment. Rebound from 1.0760 short term bottom would target 55 D EMA (now at 1.0943). Strong resistance should be seen there to limit upside. On the downside, below 1.0807 minor support will turn intraday bias […]

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22/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3487; (P) 1.3512; (R1) 1.3529; More… Range trading continues in USD/CAD and intraday bias stays neutral. More consolidations could be seen, but further rally is expected as long as 1.3357 support holds. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. In the bigger picture, […]
19/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6093; (P) 1.6172; (R1) 1.6212; More… EUR/AUD’s down trend resumed by breaking through 1.6148 temporary low and intraday bias is back on the downside. Next target is 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6148 minor resistance will turn intraday bias neutral and bring consolidations […]
18/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.34; (P) 194.97; (R1) 196.11; More… Intraday bias in GBP/JPY stays neutral for the moment. On the upside, break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, below 192.87 minor support will […]